Years ago I saw a report on 60 minutes that was a nice fluff piece about two young men that had started an app for phones that was basically a bank; but since it's an app and generally has low overhead it could really revolutionize and change the banking industry.

Then at the end of the report they basically said "well it has been about 6 months since then and lawsuits from big banks/regulators/etc. have destroyed the company."'

We're in a new gilded age where big business wields the government as a weapon against people/small businesses (when it should be the other way around). Maybe it never stopped.